Esp32Cam:logging issues on serial

I’m working on a esp32 cam ( Ai-Thinker Camera clone) with related esp32-cam-mb companion.

The setup is pretty bare:

substitutions:
  name: esp-cam
  friendly_name: ESP32Cam
  api_encryption_key: "XXX"
  ota_password: "XXX"

esp32:
  board: esp32dev
  framework:
    type: arduino

esphome:
  name: ${name}
  friendly_name: ${friendly_name}
  on_boot:
    then:
      - logger.log: "On boot handler"

wifi:
  ssid: !secret wifi_ssid
  password: !secret wifi_password

  # Enable fallback hotspot (captive portal) in case wifi connection fails
  ap:
    ssid: "${name} Fallback"
    password: !secret wifi_ap_password

api:
  encryption:
    key: ${api_encryption_key}

ota:
  password: ${ota_password}
  
logger:

captive_portal:

debug:

esp32_camera:
  id: espcam32
  name: espcam32
  # Ai-Thinker Camera settings
  external_clock:
    pin: GPIO0
    frequency: 10MHz
  i2c_pins:
    sda: GPIO26
    scl: GPIO27
  data_pins: [GPIO5, GPIO18, GPIO19, GPIO21, GPIO36, GPIO39, GPIO34, GPIO35]
  vsync_pin: GPIO25
  href_pin: GPIO23
  pixel_clock_pin: GPIO22
  power_down_pin: GPIO32
  resolution: 800x600
  jpeg_quality: 30  # max. 63
  max_framerate: 2 fps # default: 10 fps, max 60
  idle_framerate: 0.2 fps # default: 0.1 fps - framerate for 'picture' in HA dashboard

light:
  # red status light
  - platform: status_led
    name: "Onboard LED"
    pin:
      number: GPIO33
      inverted: True

Flashing (via serial/usb plugged in the ESPHome server) results in a success except for

WARNING GPIO0 is a Strapping PIN and should be avoided.
Attaching external pullup/down resistors to strapping pins can cause unexpected failures.
See https://esphome.io/guides/faq.html#why-am-i-getting-a-warning-about-strapping-pins

at the end however, it is stuck on

Hash of data verified.

Leaving...
Hard resetting via RTS pin...
INFO Successfully uploaded program.
INFO Starting log output from /dev/ttyUSB0 with baud rate 115200

If I stop listening for logs, the device boots, connects to wifi and it’s responsive (picture + led).

I can even listen for logs wirelessly but if I try again via serial/usb it’s stuck once more, usually taking the Chrome tab with it (crash).

Any idea?
Thanks